|
in CHF 1 000 |
Notes |
|
2022 |
|
2021 |
|
|
|
|
|
|
|
|
Net income |
|
|
85 192 |
|
87 316 |
|
Income taxes |
|
|
16 187 |
|
14 996 |
|
Depreciation of property, plant and equipment and intangible assets |
12 |
|
32 112 |
|
33 069 |
|
Other non-cash items |
|
|
1 995 |
|
(5 881) |
|
Loss/profit from the disposal of property, plant and equipment |
|
|
(45) |
|
(177) |
|
Change in trade receivables |
|
|
(23 242) |
|
(21 936) |
|
Change in inventories |
|
|
(28 007) |
|
(32 800) |
|
Change in other receivables and accrued income |
|
|
(2 470) |
|
299 |
|
Change in trade payables |
|
|
15 468 |
|
23 973 |
|
Change in other liabilities and accrued liabilities |
|
|
5 826 |
|
14 561 |
|
Change in provisions |
|
|
(464) |
|
3 522 |
|
Income tax paid |
|
|
(15 077) |
|
(14 748) |
|
Interest paid |
|
|
(156) |
|
(544) |
|
Cash flow from operating activities |
|
|
87 319 |
|
101 650 |
|
Purchases of property, plant and equipment |
19 |
|
(37 107) |
|
(40 097) |
|
Proceeds from sale of property, plant and equipment |
19 |
|
202 |
|
414 |
|
Purchases of intangible assets |
20 |
|
(8 853) |
|
(5 690) |
|
Purchases and disposals of financial assets |
|
|
(24) |
|
(88) |
|
Interest received |
|
|
1 456 |
|
1 668 |
|
Cash outflow from acquisition |
3 |
|
(5 333) |
|
(1 276) |
|
Cash flow from investing activities |
|
|
(49 659) |
|
(45 069) |
|
Payment of dividend |
|
|
(38 243) |
|
(25 315) |
|
Payment of dividend to minority interests |
|
|
(640) |
|
(533) |
|
Purchase of treasury shares 1) |
|
|
(63 140) |
|
(15 805) |
|
Repayment of short-term financial liabilities |
|
|
– |
|
(629) |
|
Cash flow from financing activities |
|
|
(102 023) |
|
(42 282) |
|
Effect of exchange rate changes on cash |
|
|
(4 344) |
|
1 990 |
|
Net change in cash and cash equivalents |
|
|
(68 707) |
|
16 289 |
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of year |
|
|
219 845 |
|
203 556 |
|
Cash and cash equivalents at end of year |
14 |
|
151 138 |
|
219 845 |
|
Net change in cash and cash equivalents |
|
|
(68 707) |
|
16 289 |
The notes are an integral part of the consolidated financial statements.